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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Tim Luke who wrote (11133)7/9/1998 2:23:00 PM
From: Jay Lyons  Read Replies (2) of 120523
 
From Briefing:

14:11 ET Egghead.com Inc (EGGS) 16 3/16 +15/16: Riley Capital Research issues "strong buy" rating on online software retailer. Says company could eventually reach a market-cap of $2 bln and the shares could trade at $85. Says Egghead.com's 3 Web sites generated most of the $30 million dollars in revenues that the company reported in the latest qtr, which is approx. the same level of revenue that Amazon.com generated in its year-ago quarter. As might be expected, Mr. Riley and affiliates of Riley Capital Research currently hold positions in EGGS.

You go, boy!
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